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Quotes of the Week

February 23, 1998

The Prussian General Clausewitz has said, "the greatest enemy of a good plan is the dream of a perfect plan." And I believe that an index strategy is a good strategy. But many of you, Iím confident, seek a better plan, if not a perfect plan, no matter how great the challenge, no matter how overpowering the odds against implementing it with extraordinary success.
     John C. Bogle in Bogle on Simplicity in Investing
     Speech at the Los Angeles Times Investment Strategies Conference (Feb 7, 1998)

Asia will be a rug under which many problems will be swept. Management will blame all types of non-Asian problems on Asia.
     Byron Wien (Smart Money's Quote of the Month - 3/98)

Speech is not just the future of Windows . . . but the future of computing itself.
     Bill Gates in "Let's Talk" from Business Week (2/23/98)

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